HBK Sorce Advisory LLC Takes Position in Goldman Sachs Municipal Income ETF $GMUB

HBK Sorce Advisory LLC bought a new position in shares of Goldman Sachs Municipal Income ETF (NYSEARCA:GMUB) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 78,253 shares of the company’s stock, valued at approximately $3,974,000. HBK Sorce Advisory LLC owned 3.56% of Goldman Sachs Municipal Income ETF at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Capital Advisors Wealth Management LLC purchased a new stake in Goldman Sachs Municipal Income ETF in the 3rd quarter worth approximately $841,000. Landmark Wealth Management LLC bought a new position in shares of Goldman Sachs Municipal Income ETF during the second quarter valued at approximately $864,000. Goldman Sachs Group Inc. lifted its stake in Goldman Sachs Municipal Income ETF by 39.6% in the first quarter. Goldman Sachs Group Inc. now owns 121,288 shares of the company’s stock worth $6,031,000 after acquiring an additional 34,403 shares during the period. Retirement Planning Group LLC lifted its stake in Goldman Sachs Municipal Income ETF by 345.5% in the second quarter. Retirement Planning Group LLC now owns 55,803 shares of the company’s stock worth $2,786,000 after acquiring an additional 43,276 shares during the period. Finally, Sowell Financial Services LLC bought a new stake in Goldman Sachs Municipal Income ETF in the second quarter valued at $2,222,000.

Goldman Sachs Municipal Income ETF Price Performance

Shares of Goldman Sachs Municipal Income ETF stock opened at $51.10 on Monday. The company’s fifty day simple moving average is $51.12 and its two-hundred day simple moving average is $50.49. Goldman Sachs Municipal Income ETF has a 12-month low of $44.00 and a 12-month high of $51.96.

Goldman Sachs Municipal Income ETF Company Profile

The Goldman Sachs Municipal Income ETF (GMUB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on municipal securities, which are exempt from federal income tax. The fund aims to provide diversified exposure and high current income GMUB was launched on Jul 23, 2024 and is issued by Goldman Sachs.